Ford Mondeo sedan has received a technological upgrade aimed at the safety improving of the car and improving of the intelligent driver assistance systems. People can order updated Ford Mondeo at all official Ford dealers in Russia.

VEB will finance the part of investment program of AutoVAZ

AutoVAZ and Vnesheconombank concluded a memorandum about intents, in accordance with which VEB considers the possibility of financing investment projects of plant within the business plan of AutoVAZ till 2020. Projects of AutoVAZ development are new models mastering, production lines modernization, development of production of power aggregates, introduction of new technical competences.

The total sum of investments, which are planned to be used by AutoVAZ for business plan financing, is 169 billion Roubles. The majority part of them is own resources and funds of shareholders of company. The total volume of loans will be about 60 billion Roubles.

As representatives of AutoVAZ remarked, the global investment program will provide the realization of Program of development of AutoVAZ together with its partners by alliance Renault and Nissan – the production volumes increasing (1,6 million cars by 2017), access to the new segments, modernization of facilities in Togliatti and Izhevsk, sales share of AutoVAZ increasing to 40% in the internal market.